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Shell lowers 2020 capex, suspends share buyback
Oil major Shell lowered capital expenditure for 2020 by about $5 billion on Monday and suspended the next tranche of its share buyback plan, as the company tries to weather a hit from the recent oil price crash......»»
How the New Worst Trading Days Since the 1987 Crash Stack Up, and How to Curb the Market Mayhem
What is unfolding in the wake of the coronavirus-induced economic panic is starting to feel like a runaway train. The reality is that the population seems to know that things are going to get worse........»»
Another day, another $2 trillion has stock traders shuddering
Here’s something to ponder as you consider Friday’s roaring rebound in equities. To undo the worst stock market crash since 1987, it took the biggest rally since October 2008......»»
Another day, another $2 trillion has stock traders shuddering
Here’s something to ponder as you consider Friday’s roaring rebound in equities. To undo the worst stock market crash since 1987, it took the biggest rally since October 2008......»»
Dow soars nearly 2,000 points in post-meltdown rally
Stocks ended sharply higher after a volatile session Friday as Wall Street rebounded from the deep losses suffered in the previous session, the worst since the Black Monday market crash in 1987......»»
Dow soars nearly 2,000 points in post-meltdown rally
Stocks ended sharply higher after a volatile session Friday as Wall Street rebounded from the deep losses suffered in the previous session, the worst since the Black Monday market crash in 1987......»»
Metals Stocks: Gold edges lower, but remains underpinned by falling bond yields
Gold futures edge lower Wednesday as equities rally, dulling its haven appeal, but the yellow metal remains underpinned as government bond yields remain under pressure in the wake of an emergency interest rate cut a day earlier by the Federal Reserve......»»
The Margin: Did President Trump jinx this bull market? Twitter just suspended a popular financial blogger calling him out on it
“The Fly,†who has been known to engage in cyber-scuffles from time to time, called out the president by responding in a tweet that “you deserve a crash.†Twitter didn’t take too kindly to that......»»
The Technical Indicator: Charting a bullish reversal, S&P 500 extends spike from major support
Technically speaking, the S&P 500 has extended a rally from major support (3,215) rising in the wake of an aggressive market downdraft, writes Michael Ashbaugh......»»
Nio"s stock jumps on heavy volume, in the wake of Tesla"s break-out rally
Shares of China-based Nio Inc. rose 3.9% in active midday trading Monday, putting them on track for a fourth straight gain, as fellow electric car maker .....»»
Jim Cramer: Wall Street showed resilience, complacency in the wake of Iran attacks
"With the averages staging a huge rally from last night's moment of crisis ... I marvel at this market's ability to overcome even the toughest of obstacles," CNBC's Jim Cramer said......»»
Futures Movers: Oil edges higher, extending trade-inspired gains
Oil futures see small gains early Tuesday, building on a rally that took crude to a three-month high in the previous session in the wake of a “phase-one†U.S.-China trade deal......»»
Taylor Swift"s fans rally behind her over music rights
Carlyle Group co-founder David Rubenstein probably didn’t expect to wake up to virtual daggers from millions of Swifties — that is, uber-fans of Taylor Swift — but here we are. The multiplatinum record-selling artist called out the D.C.-bas.....»»
Former UN Ambassador Nikki Haley was "deeply disturbed" by Trump"s Charlottesville remarks, she says in her new book
Evan Vucci/AP In a new book, former UN Ambassador Nikki Haley, condemned the president's remarks on the white supremacist rally in Charlottesville.....»»
S&P 500 retreats slightly after recent record
The benchmark S&P 500 edged lower on Tuesday, as investors paused in the wake of a rally buoyed by hopes of a trade deal between the United States and China that sent the three main U.S. stock indexes to record highs in the previous session......»»
S&P 500 ends down slightly after recent records
The benchmark S&P 500 edged lower on Tuesday, as investors paused in the wake of a rally buoyed by hopes of a trade deal between the United States and China that sent the three main U.S. stock indexes to record highs in the previous session......»»
Stock exchanges in Norther Europe crash twice on Friday
Nasdaq Nordic, which owns most stock exchanges in the Nordics and Baltics, twice suspended its equity trading Friday throughout the region for hours because of unspecified "connectivity issues.".....»»
Jim Cramer: 5 reasons why cyclical stocks are showing resilience and may go higher
"Normally these stocks get hammered in the wake of a shortfall, yet this quarter they're more likely to rally," Jim Cramer says......»»
Indonesia"s report on 737 MAX crash recommends redesign, better training
Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing 737 MAX crash, according to a copy of a final report seen by Reuters......»»
Royal Air Maroc deal for MAX jets suspended: source
A deal for Morocco’s national carrier Royal Air Maroc (RAM) to purchase two more Boeing 737 MAX jets has been suspended after the fleet was grounded following a crash in Ethiopia, a source from the airline told Reuters on Thursday......»»